1 pts A company has determined that its optimal capital structure consists of 40 percent debt and 60 percent equity. The company's CAPM beta is 1.5, the risk-free rate is 3%, and the expected return on the market (E[RM] is 8%. The company can issue bonds at a yield to maturity of 15%, and it faces a 21% tax rate. What is the company's target WACC? O 10.50% O 11.31% O 11.04% 11.85 % O 13.74%